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    Blue Hill, ME Residential Income Properties for Sale

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    Sedgwick, ME Sullivan, ME Surry, ME
    Multi-Family Apartment Building with Bay Views
    $1,125,000
    7,700 SF
    Multi-Family Apartment Building with Bay Views

    515 Falls Bridge Road, Blue Hill, ME 04614

    Five-apartment building with multiple Bay Hill Bay views, modernized updates, and flexible live/work or studio potential.
    • 5‑apartment multi‑unit building in a 7,700± SF structure across four levels
    • Two large ~1,900‑SF apartments on the first and second floors, each with 2–3 bedrooms and 2 baths
    • Third floor includes a 1‑bedroom and a 2‑bedroom apartment; top floor loft‑style apartment rented seasonally
    • 2.05 surveyed acres perched above Blue Hill Bay; many apartments have Blue Hill Bay views
    • Significant improvements include a newer roof, updated kitchens, and propane‑fired central hot water heating
    Updated: Jun 15
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    Multi-Use Property in Coastal Maine
    $950,000
    10,000 SF
    Multi-Use Property in Coastal Maine

    176 Ellsworth Road, Blue Hill, ME 04614

    Residential and commercial multi-use property with investment potential.
    • 6‑unit apartment building built in 1990: two 2‑bedroom units and four 1‑bedroom units, currently full with tenants
    • Multi‑use setup with a large commercial building built in 2011 and a long‑time retail tenant
    • Commercial features include a large garage door, 2 overhead cranes, and a 600 SF freezer
    • Electrical service: 3‑phase 200 amp service plus an additional 200 amp service
    • Private services: well water and private sewer
    Updated: Jun 3
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    Multi-Use Property in Blue Hill
    $950,000
    10,000 SF
    Multi-Use Property in Blue Hill

    Multi-use property with apartment building and commercial space.

    176 Ellsworth Road, Blue Hill, ME 04614

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    Water-View Mixed-Use Building
    $1,250,000
    7,636 SF
    Water-View Mixed-Use Building

    Two buildings provide adaptable commercial space with harbor views plus a one-bedroom apartment above 33 Water Street.

    33-37 Water Street, Blue Hill, ME 04614

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    Mixed-Use Property in Blue Hill
    Contact for pricing
    4,480 SF
    Mixed-Use Property in Blue Hill

    Mixed-use property with office space and residential income.

    292 South St, Blue Hill, ME 4614

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Blue Hill, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Village Retail and Mixed-Use Property
    $1,100,000
    5,548 SF
    Village Retail and Mixed-Use Property

    Mixed-use retail with an ice cream shop, production basement, and two residential spaces on a Village-zoned parcel in Surry.

    1276 Surry Road, Surry, ME 04684

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    Castine Mixed-Use Investment Opportunity
    $1,495,000
    5,000 SF
    Castine Mixed-Use Investment Opportunity

    Iconic mixed-use building in Castine, Maine with commercial and residential.

    3 Main Street, Castine, ME 04421

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    Surry Mixed-Use Investment Opportunity
    $1,100,000
    5,548 SF
    Surry Mixed-Use Investment Opportunity

    Charming property with retail, residential, and business potential.

    7 Wharf Rd, Surry, ME

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    Castine Mixed-Use Corner Property
    $1,495,000
    5,000 SF
    Castine Mixed-Use Corner Property

    Iconic mixed-use building in Castine's village center with commercial and residential.

    3 Main Street, Castine, ME 4421

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land in Sedgwick, ME
    $115,000
    2.23 Acres
    Residential Land in Sedgwick, ME

    2.24 acre lot ready for your future home!

    539 Sedgwick Ridge Road, Sedgwick, ME 04676

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    Land in Peaceful Brooksville Setting
    $39,000
    2.65 Acres
    Land in Peaceful Brooksville Setting

    Spacious 2.65-acre parcel in a lovely Brooksville subdivision.

    Blueberry Ridge Way lot: #3, Brooksville, ME 04617

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    Waterfront Shoreland Development Parcel
    $69,000
    1.30 Acres
    Waterfront Shoreland Development Parcel

    Gated dead-end waterfront lot with septic design in place for a 3-bedroom home plus 2-bedroom in-law apartment.

    M035L11-14 Ring Bolt Lane, Surry, ME 04684

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    Waterfront Land on Toddy Pond
    $199,000
    5.95 Acres
    Waterfront Land on Toddy Pond

    5.95 acre waterfront parcel on Toddy Pond in Penobscot, ME.

    Toddy Drive lot: 21-10, Penobscot, ME 04476

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    Blue Hill, ME Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Blue Hill, ME, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 35,336 square feet of properties for sale, with an estimated market value of $4,275,000.

    Sale prices for residential income properties in Blue Hill, ME start at $950,000, averaging $1,068,750, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 4
    Multifamily properties 4
    Short term rental properties 1

    Demographics Overview

    Population 2,811
    Population Growth (5Y) +5.6%
    Median Household Income $70,164
    College Educated 74.2%

    High-Yield Neighborhoods for Investment

    Identify Blue Hill submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04614 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.33%
    Tax Rate vs County Average 0.24 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hancock County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hancock County

    Retail

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